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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (7509)10/29/1998 1:05:00 PM
From: The Jedi  Respond to of 44573
 
I just noticed that on the e-mini it broke out of a wolfe wave started yesterday on the 15 min. Now pulling back and if it bounces back up around 1082.5 (top of the wave) then I think we are looking towards 1100 soon.

Kiri

EDIT: That should be around 1075 SPX (1082.5 Spoo)



To: GROUND ZERO™ who wrote (7509)10/29/1998 1:22:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 44573
 
GZ, my long trade is a reversal based on my system and I will now stay long until I get a signal to go short or to go flat based on a profit target or a money management stop.



To: GROUND ZERO™ who wrote (7509)10/29/1998 2:05:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
<Out at 86.50 >

Probably smart to stay flat for a bit. Never know what could happen with the Shuttle.

I do not wish anyone ill and I don't know what the Challenger explosion did to the market....but I do recall it was one of the few launches I ever watched and it was really unsettling to see live.

If the unlikely event there was a major problem who knows what the markets would do however temporarily in response.


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